"Besides our current portfolio of four key assets valued at RM1.9 billion, Hatten Land has access to over 20 prime land bank and development rights for future development. The access to the capital market offers us significant impetus to pursue our next phase of growth," said Mr Colin Tan in a statement issued by the Singapore Exchange in conjunction with its trading debut.

With a market capitalisation of about S$393 million, the listing of Hatten Land brings the total number of real estate companies listed on SGX to 55, with a combined market capitalisation of S$90 billion, and the total number of companies listed on Catalist to 189, with a combined market capitalisation of S$11 billion, said SGX.